AFOVF

Australian Foundation Investment Updates on Securities Buy-Back

Australian Foundation Investment Co. Ltd. (AU:AFI) has released an update.

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Australian Foundation Investment Company Limited has announced the cessation of over 1 million ordinary fully paid securities following an on-market buy-back. This move reflects the company’s strategic decision to optimize its capital structure, potentially offering more value to existing shareholders.

For further insights into AU:AFI stock, check out TipRanks’ Stock Analysis page.

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